Stocks were poised for their best week in year on Friday, with the three major indexes up 1 percent, after data showed the manufacturing sector grew faster than expected in June.

The Dow Jones industrial average <.DJI> gained 129.83 points, or 1.05 percent, to 12,544.17. The Standard & Poor's 500 Index <.SPX> gained 12.74 points, or 0.96 percent, to 1,333.38. The Nasdaq Composite Index <.IXIC> gained 31.33 points, or 1.13 percent, to 2,804.85.

(Reporting by Edward Krudy; Editing by Jan Paschal)